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RESOLUTION NO. 1675 <br />A RESOLUTION APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCTION <br />WHEREAS, I.C. 6- 1.1- 12.1 -20) provides that an application for property tax deduction <br />may not be approved when the property is located in an allocation area as defined in I.C. <br />36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area adopts <br />a resolution approving that application; and <br />WHEREAS, the South Bend Common Council has received a petition for five years of <br />real property tax abatement consideration from South Bend Heritage Foundation for real property <br />located at 1216 W. Colfax Avenue and 119, 123, 124, 127, 128, 131 and 132 Spruce Street in the <br />West Washington- Chapin Development Area, the legal description of which is attached hereto, <br />marked Exhibit "A" and incorporated herein; and <br />WHEREAS, this Commission declared the West Washington- Chapin Development Area <br />by Resolution No. 818, adopted October 23, 1987, and in the same resolution declared the West <br />Washington- Chapin Allocation Area (South Bend Allocation Area No. 7) and <br />WHEREAS, the property located at 1216 W. Colfax Avenue and 119, 123, 124, 127, 128, <br />131 and 132 Spruce Street is located within the West Washington- Chapin Allocation Area <br />(South Bend Allocation Area No. 7); <br />NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment <br />Commission as follows: <br />1) The Commission finds that the application from South Bend Heritage Foundation for <br />five years of real property tax abatement consideration for property located at 1216 W. Colfax <br />Avenue and 119, 123, 124, 127, 128, 131 and 132 Spruce Street in the West Washington- Chapin <br />Allocation Area (South Bend Allocation Area No. 7) is hereby approved. <br />2) That a copy of this resolution be forwarded to the South Bend Common Council to <br />indicate the Commission's approval of the petition for real property tax abatement for South <br />Bend Heritage Foundation. <br />Approved this 9th day of April 1999 at the rescheduled regular meeting of the South <br />Bend Redevelopment Commission. <br />SOUTH BEND REDEVELOPMENT COMMISSION <br />Robert W. Hunt, President <br />ATTEST: <br />vu:resl675 <br />